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Key Takeaways PNC partnered with Coinbase to allow clients to trade crypto assets directly through their bank accounts. The partnership highlights growing interest in digital assets, with future plans to expand into payment settlements and stablecoin initiatives. Share this article PNC Financial Services Group, which ranks among the largest US banks by assets, deposits, loans, … Read more
President Donald Trump said he has identified a buyer for the US operations of TikTok social media app owned by Chinese company ByteDance Ltd., but he won’t provide details for two weeks. “We have a buyer for Tiktok, by the way. I think I’ll need probably China approval and I think President Xi will probably … Read more
Amazon-owned Ring announced on Wednesday that it’s introducing a new AI-powered feature to its doorbells and cameras, which offers users specific text descriptions of current motion activity. Now, when users receive real-time notifications about happenings at their property, the updates will be more descriptive. For instance, “A person is walking up the steps with a … Read more
Federal Reserve Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux. In remarks that focused on the central bank’s policy framework review, last done in the summer of 2020, Powell noted that conditions have changed significantly over the past five years. … Read more
The jungles of Johor, the Malaysian state across the Johor Strait from Singapore, were first cleared in the 1840s by Chinese clans from Singapore seeking more space to grow black pepper. In the next century, under British rule, those pepper farms gave way to vast plantations of rubber and oil palm trees. On many of … Read more
Shares of Delta Air Lines (NYSE: DAL) soared 15% on Wednesday after the company delivered better-than-expected earnings results for the first quarter of 2025. The airline provided guidance for the second quarter of 2025 but withdrew its outlook for the full year, citing global economic uncertainty. Results beat expectations In Q1 2025, Delta’s operating revenue … Read more
President Donald Trump’s sweeping reciprocal tariffs sparked chaos in the stock market, but bonds have also been on a wild ride. Amid one of Wall Street’s worst equity selloffs in recent history, investors piled into safe-haven assets like Treasuries last week, but the apparent reversal of that trade means the ultimate impact on mortgages and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Volvo Cars has brought back former boss Håkan Samuelsson to provide the Geely-owned Swedish carmaker with a “steady hand” needed to navigate geopolitical turbulence and cut-throat competition. Samuelsson, who turned 74 this month, served as … Read more
Key Takeaways Ripple and Chipper Cash partner to enable faster cross-border payments in Africa. The collaboration aims to expand Ripple’s business and drive financial inclusion across the continent. Share this article Ripple and African fintech company Chipper Cash have joined forces to accelerate cross-border payments on the continent, the company announced Thursday. As part of … Read more
Many people love to travel. But few like to pack. But travelers are getting help from an unlikely source — hotels. “Hotels [are] making it easier for guests to jump into their favorite activities without packing or planning in advance,” said Henley Vazquez, founder of the New York-based travel agency Fora. Some hotels have been … Read more
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